FOR SALE
$155,000 - $165,000

1213/131 Pelham Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Rare high yield investment opportunity! On top floor with beautiful skyline views

The ultimate investment: A rare opportunity exists to purchase a great Blue-Chip investment being a fully furnished apartment in an area with high student accommodation demand with consistent high yield and returns.
Situated on the top floor of this 12th level building this impeccably presented apartment, with the finest quality is on display in a streamlined kitchen showcasing smooth bench surfaces, a bar fridge space, kitchen appliances; gas cooktop, rangehood and a microwave. Additional to this is a generous open-plan living, air-conditioning/heating, study area and private balcony to soak in the views.
The secure complex provides access to laundry facilities and a communal lounge. Ideally located on the corner of Swanston & Pelham Street, Carlton; within walking distance to Melbourne University, RMIT & City Centre. Parks, City Bath, Victoria Market & and Lygon Street Restaurants only minutes away. Tram stops are at the door step for convenient access, or embrace the advantage of the Free Tram Zone around the corner. With higher than ever rental demands There is never a better opportunity than now to invest in this student accommodation in the top suburb of Carlton
This Student Accommodation is currently leased at $390 per week, making this a super solid 12.5% return on investment per annum.
Please call Peter Doan on 0400 423 218 for more information
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Property Details for 1213/131 Pelham St, Carlton

1213/131 Pelham St, Carlton is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Bow Residential.

Building Type
Apartment

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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of total area. The population of Carlton in 2011 was 13,509 people. By 2016 the population was 18,506 showing a population growth of 37.0% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation. In 2011, 21.6% of the homes in Carlton were owner-occupied compared with 18.6% in 2016.

Carlton has 15,687 properties.

    There are currently 60 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 513 properties were sold in the past 12 months in Carlton.

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    Sean Cho
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